Regulation
Proposed Massachusetts Endowment Tax to Hit Harvard, MIT, 11 Other Schools
The 2.5% excise tax would target private institutions in the state with endowments of at least $1 billion.
Tag: Endowment Tax
Regulation
IRS, Treasury Soften Blow of Endowment Tax
NACUBO welcomes rule changes but still opposes tax, which it says diminishes resources for students.
Regulation
White House Regulatory Office Reviews Endowment Tax
Universities have called for the removal of the 1.4% excise tax, which they say hurts financial aid.
Regulation
Stanford University Owes $43 Million Endowment Tax Bill
The university said it is actively working to repeal or limit the 1.4% tax on returns.
Regulation
MIT Endowment Returns 8.8% in 2019, Grows to $17.4 Billion
University addresses Epstein protests, launches internal review of donor relationships.
IRS Issues Endowment Tax Regulations
Higher education foundations finally get guidance on 2017 excise tax.
IRS Proposes Regulations to Soften Endowment Tax Hit
Clarification of 1.4% excise tax could reduce amount paid by universities.
Regulation
Endowment Tax Hits Harvard’s Investment Strategy
Dean says university will refrain from making long-term commitments due to 1.4% excise tax.